The switch from employee to boss isn’t always an easy – and neither is working with your spouse. Here are some insights shared by business owners Molly and Jordan Kirk, who co-own a commercial refrigeration and air conditioning business in Perth. Molly and her husband Jordan worked for a refrigeration company and later bought out the business under...
Nearly 10 years into their business, Maggie and Bryan Jacobs realised they were missing out on opportunities to expand their trade. The owners of Geraldton Rubber & Conveyor had focused on working hard and providing great customer service since first opening in the Mid West town. But it wasn’t until happening upon RSM Business Local and seeking...
If you’re expecting a surge in business in the 2023-24 financial year that will boost your taxable income, now is the time to plan ahead to make sure you meet your obligations and maximise your cashflow. Take a look at your expected taxable income for this current financial year (2022-23) - that’s the assessable income for your business minus any...
If your business has been affected by a skills or labour shortage, here are some ways you can take action to keep your business thriving. One of the many ongoing impacts of the COVID-19 pandemic has been the shortage of skilled or available workers across many industries. Some workers may have changed careers or industries, others may have moved...
With spring in the air, now is the time to take stock of your business and get organised before the busy festive season
If your business experiences quieter times, a digital marketing campaign can help drive new business and maintain a steadier flow of customers. Here are some expert tips to help you get started. While digital marketing can be a powerful strategy to reinvigorate your business and bring in new customers, there are some important things to know about...
Like many businesses in our current environment, you may be expecting a downturn in your turnover for the next financial year. We’ve put together some tips on how to prepare from a tax perspective. From staffing challenges and supplier constraints to customer behaviours and global events, there are many reasons your business might be preparing for...
When opening and evolving their landscaping supply business in Albany, owners Jane and Ian sought guidance from advisers at the Albany Business Centre, the SBDC’s Business Local provider in the Great Southern. Designer Dirt in Albany is more than your average landscaping supply centre. Opened in 2012, the business could be seen as an extension of...
Offering a discount isn’t the only way to drive more sales. Learn about some proven techniques to help you sell more. There are a number of quick and easy sales techniques you can use online and in-person this festive season to attract shoppers and those keen to support local businesses. Here are some ideas to help you get started. Offer a value...
From 9 November 2023, changes to the Australian Consumer Law mean that businesses of all sizes can’t propose, use or rely on unfair contract terms in standard form contracts. Find out what this means for your small business contracts. A standard form contract is generally one which has been prepared and entered a number of times by one party to a...
We’ve all heard the saying that ‘cash is king’, but despite the popularity of this phrase cash flow is an area of business that is often neglected. Being able to effectively manage your cash flow is key to the long term survival of your business. It will also allow you to maintain enough working capital to operate through quiet periods. Your cash...
The latest advances in artificial intelligence (AI) have made headlines around the world. Here’s a simple starter guide to using AI in your small business – including what it’s good for and what you might like to avoid. Once confined to the imagination of Hollywood filmmakers, the powers of artificial intelligence (AI) are fast becoming a normal...